NOT LISTED FOR SALE

242 Cortez Rd West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $2,450,861 - $3,009,000

3 Beds
2.5 Baths
2,604 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $3,250,000 $1,248 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $16,698/month

40 Days on Market

Highlights

  • Saltwater Pool
  • Garden View
  • Sun or Florida Room
  • Wood Flooring
  • Mediterranean Architecture
  • Furnished

About This Home

As of April 2024

Recently featured in both Coastal Living and House Beautiful, this Spanish Mediterranean gem, built in 1931, was gutted in 2021 and painstakingly updated with every modern convenience (including new roof, new plumbing, new wiring, whole house water filtration system) while preserving its historical gravitas and architectural charm. (The fireplace and its tilework, cathedral windows in the Florida room, and stair railing are all original to the house.) Chic encaustic tiles throughout instill a distinctive island palette that marries casual elegance with a refined aesthetic. The chef's kitchen boasts a Sub-zero fridge, Ilvy gas range, Bosche washer/dryer and custom lacquered cabinetry. The primary bedroom has an attached dressing room that can double as an office or 4th bedroom/nursery.

Last Agent to Sell the Property

Mary Hockman

Compass Florida LLC (PB) License #3453313 Listed on: 11/15/2023

Compass Florida LLC (PB)

Last Buyer's Agent

Whitney McGurk

Brown Harris Stevens of PB License #3336039

Brown Harris Stevens of PB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,904

Year Built

  • Built in 1931

Lot Details

  • 10,425 Sq Ft Lot
  • Sprinkler System
  • Property is zoned SF7(ci

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Frame Construction

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Bar
  • Ceiling Fan
  • Fireplace
  • Awning
  • Plantation Shutters
  • Arched Windows
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Ice Maker

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Saltwater Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • Toledo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434410180000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,904

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill Rd. exit from 95. Head east on 95. Left on S. Olive and right on Cortez.
  • Year Built: 1931
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Fireplace, Tub Shower, Bar
  • Private Spa: No
  • Furnished: Furnished
  • Appliances: Ice Maker, Microwave, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Slate, Wood
  • Living Area: 2604.0
  • Dining Room Type: Florida Room, Laundry
  • Stories: 2
  • Window Features: Arched, Plantation Shutters

Exterior Features

  • Exterior Features: Awning(s), Balcony, Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached, Covered, Driveway, Garage, On Street

Utilities

  • Security: Security System, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434410180000900
  • Lot Size: 75.0 ft x 139.0 ft
  • Lot Size Sq Ft: 10425.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 22904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Apr 30, 2024
Sold by
Chinitz Patricia Becker
Bought by
Henderson James R
Seller's Agent
Mary Hockman
Compass Florida LLC (PB)
Buyer's Agent
Whitney McGurk
Brown Harris Stevens of PB
List Price
$3,795,000
Sold Price
$3,250,000
Premium/Discount to List
-$545,000
-14.36%
Views
40
Current Estimated Value
$2,679,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$570,035
Avg. Annual Appreciation
-14.63%

Purchase Details

Closed on
Aug 19, 2020
Sold by
Melissa Jane Equity Llc
Bought by
Chinitz Patricia Becker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2016
Closed on
Dec 7, 2016
Sold by
Bourke Kevin P and Bourke Lynday A
Bought by
Melissa Jane Euiy Llc
Seller's Agent
SABRA KIRKPATRICK
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
Tommy Holmes
Illustrated Properties LLC
Sold Price
$4,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%
Original Mortgage
$600,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 22, 2015
Sold by
Gross Joshua and Gross Laura L
Bought by
Bourke Kevin P
Seller's Agent
ERIC SAIN
The Corcoran Group
Buyer's Agent
Crissy Poorman
Sotheby's International Realty, Inc.
List Price
$715,000
Sold Price
$715,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.60%
Original Mortgage
$643,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 19, 2011
Sold by
Morrow Morrow Nikki Nikki and Morrow Jaynes Nikki
Bought by
Gross Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,555
Interest Rate
4.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Henderson James R $2,852,980 None Listed On Document
Chinitz Patricia Becker $850,000 Equity Land Title Llc
Melissa Jane Euiy Llc $680,000 Elite Title Of The Trasure C
Bourke Kevin P $715,000 Sovereign Shores Title Co In
Gross Joshua $412,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chinitz Patricia Becker $680,000
Previous Owner Melissa Jane Equity Llc $744,000
Previous Owner Melissa Jane Eqity Llc $595,000
Previous Owner Melissa Jane Euiy Llc $600,000
Previous Owner Bourke Kevin P $643,500
Previous Owner Gross Joshua $217,900
Previous Owner Gross Joshua $325,000
Previous Owner Gross Joshua $401,555
Previous Owner Morrow Nikki $50,000
Previous Owner Morrow Nikki $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $3,250,000 -14.4% $1,248 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $3,795,000 0.0% $1,457 / Sq Ft
06/05/2018 06/05/18 Rented $5,000 0.0% --
06/05/2018 06/05/18 For Rent $5,000 +4.2% --
12/14/2016 12/14/16 Rented $4,800 0.0% --
12/14/2016 12/14/16 For Rent $4,800 0.0% --
12/08/2016 12/08/16 Sold $680,000 -12.3% $261 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $775,000 +8.4% $298 / Sq Ft
07/28/2015 07/28/15 Sold $715,000 0.0% $275 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $715,000 -- $275 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,156 $1,080,278 -- --
2023 $22,904 $982,071 $0 $0
2022 $20,186 $892,792 $0 $0
2021 $18,054 $817,397 $270,000 $547,397
2020 $15,152 $677,232 $240,000 $437,232
2019 $14,928 $660,772 $200,000 $460,772
2018 $13,374 $607,714 $201,420 $406,294
2017 $15,477 $696,190 $183,109 $513,081
2016 $12,700 $599,791 $0 $0
2015 $6,962 $335,462 $0 $0
2014 -- $332,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mary Hockman

    Compass Florida LLC (PB)

    (561) 818-0009

    5 in this area

    8 Total Sales

    Mary Hockman
    Section Image

  • W

    Buyer's Agent in 2024

    Whitney McGurk

    Brown Harris Stevens of PB

    (561) 659-6400

    8 in this area

    62 Total Sales

    Whitney McGurk
    Section Image

  • S

    Seller's Agent in 2018

    Sabra Kirkpatrick

    Brown Harris Stevens of Palm Beach 7232

    (561) 628-2077

    88 in this area

    262 Total Sales

    Sabra Kirkpatrick
    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Lauren Greaves

    Brown Harris Stevens of Palm Beach 7232

    (561) 659-6400

    52 in this area

    141 Total Sales

    Lauren Greaves
    Section Image

  • (

    Buyer's Agent in 2018

    (Nicholas) NICK KASSATLY

    The Corcoran Group

  • N

    Buyer's Agent in 2018

    NICK KASSATLY

    Brown Harris Stevens of Palm Beach 5225

    (561) 659-6400

    3 in this area

    4 Total Sales

    NICK KASSATLY
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10936307

BeachesMLS

APN: 74-43-44-10-18-000-0900

Florida Palm Beach County West Palm Beach 33405 South End

242 Cortez Rd, West Palm Beach, FL

This home is located at 242 Cortez Rd, West Palm Beach, FL 33405 since 15 November 2023 and is currently estimated at $2,679,965, approximately $1,029 per square foot. This property was built in 1931. 242 Cortez Rd is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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